Russia gains vast new area twice the size of Crimea with ‘the energy riches of an Ali Baba’s cave’

The Siberian land mass is officially 52,000 square kilometres bigger after an enclave in the Sea of Okhotsk was recognised as part of Russia’s continental shelf. The decision comes from the UN Commission on the Limits of the Continental Shelf.

The underwater area is roughly the size of Holland and Belgium combined.

The treasure trove includes hydrocarbon resources exceeding one billion tonnes, believes Donskoy. He has described it in the past as ‘a real Ali Baba’s cave in terms of resources’, adding that access will long-term bring ‘enormous opportunities and prospects for the Russian economy’.

If approved, Russia would gain 1.2 million square kilometres of Arctic territorial waters.

Full article: Russia gains vast new area twice the size of Crimea with ‘the energy riches of an Ali Baba’s cave‘ (Siberian Times)

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